|
Ted Klammer, Probate Judge |
|
Lake County |
TRUSTSDefinition of Trusts:A trust is the right, enforceable solely in equity, to the beneficial enjoyment of property to which another person holds the legal title. For a trust to be valid, it must involve specific property, reflect the settlor’s intent, and be created for a lawful purpose.---Black’s Law Dictionary
|
|
|